We are committed to providing traders with all tools and services required to have the potential to be successful in the financial market. Below, you will find detailed information on the trading conditions, tools and services that we offer:
Nearly all products are traded without break over a 24 hour period between the market opening at 22:00 GMT Sunday and closing at 21:00 GMT Friday (Trading hours can vary due to seasonal time adjustments, public holidays and unusual liquidity that stems from unusual world events). However, some products have specific hours of trading as documented in the table below:
Forex4money offers leveraged (margin) trading service for a variety of financial instruments, including Forex, precious metals, commodities and index based CFDs. This makes it possible for you to trade significant positions with a relatively modestly-sized account.
"Margin" acts as collateral to cover any losses that you might incur, while at the same time allowing you to hold a position much larger than your actual account value. This means, you get an opportunity to generate significant (relative to the amount invested) profits.
Leverage is a double-edged sword. While it can dramatically increase your profits, it can also just as easily amplify your losses. Excessive leverage can cause a few losing trades to offset the gains from many winning trades. Leveraged trading carries a high degree of risk and may not be suitable for all investors.
As an Forex4money account holder, you’re entitled to our Negative Balance Protection program, which means that you can never lose more than you have deposited; nonetheless, a small market movement can result in a substantial loss of funds. Our Trading Platform automatically calculates your margin requirements before executing any order, and checks the level of available funds before any request to withdraw funds is made.
The margin requirements become relevant, whenever you wish to increase Exposure in the account, either by opening a new trade, or by requesting to withdraw funds, while you keep open positions in the account. Specific margin requirements take into account the potential risk of the open positions, based on volatility, liquidity and pricing availability, of any given asset. This is the reason for increased margin requirement during and around trading breaks.
Traders can now enjoy the benefits of CFDs along with our other tradable options. Every contract of a CFD has a certain amount of time it can be traded, ending with an expiration date. After the expiration date, the contract can no longer be traded and all positions must be closed.
Order Execution Policy
If the market price reaches a price indicated by an Order such as: a buy limit, buy stop, sell limit, sell stop, Stop Loss Order, take profit or similar Orders, the Order is instantly executed at such price shown in the Order. It may be impossible to execute Orders at the Client's requested price under specific market conditions. FIH has the right to execute the Order at the first available price if this should happen. This could happen, for example, at times of volatile price movements if the price falls or rises in one trading session to such an extent that, under the rules of the relevant exchange, trading is halted or closed, or this may occur at the opening of trading sessions.
Closing Forex Transactions
If open Forward and Spot Transactions are not completed by the Client upon reaching their value date, they will be rolled over by FIH for an additional two (2) business days. Consequently, the open Transactions will be rolled over for additional two (2) business days each, indefinitely until such time as FIH will close such Transaction under the terms of this Agreement.
Hedging is the opening of two Transactions using the same underlying asset or currency pair at different directions (one "buy" and the other "sell"), whether or not for the same quantity, and whether or not at the same time. FIH may regard hedging transactions for the intention of calculating the minimum margin on a cumulative basis or on a "net" basis, as FIH may conclude at its sole discretion. Additionally, FIH may regard the closing of one of the hedging Transactions as the opening of a new Transaction equal to the resulting hedging Transaction.